U.S. Gulf: While new barge trades were reported last week as high as $362/st FOB, others said Belarus tons were available for as low as $355/st FOB.
Eastern Cornbelt: Potash was unchanged at $400-$417/st FOB in the Eastern Cornbelt, depending on grade and location, with the upper end reported for white granular tons. The low was for red potash in the Cincinnati market.
Western Cornbelt: Potash remained at $405-$417/st FOB in the Western Cornbelt, with the top of the range reflecting reference levels for white granular tons, though some described the market as “sloppy.” Sources reported the bulk of pricing quotes for red potash in the $405-$410/st FOB range last week.
Northern Plains: Potash pricing to U.S. customers FOB Saskatchewan mines remained at reference levels of $365/st for standard, $370/st for granular, and $377/st for soluble, with reports of limited tons available for spring. Delivered potash in North Dakota was quoted in the $390-$410/st range, depending on grade and location, while the warehouse price FOB the Twin Cities was pegged at $400-$405/st.
Northeast: Potash was steady at $407/st FOB Baltimore for 60 percent coarse tons, with white granular and/or soluble potash roughly $10/st higher on a spot basis. Rail-DEL potash remained in a broad range at $417-$427/st in the Northeast, depending on grade and location.
Eastern Canada: Although dealers were still receiving potash shipments ordered earlier at the $505/mt FOB level, sources said the regional warehouse market had firmed to $555/mt FOB in Eastern Canada for new replacement tons.
Sulfate of potash was essentially unavailable in the region due to very tight supply. One source reported rumors of replacement costs as high as $1,100/mt FOB, but that level was not confirmed.
The SOP Magnesia market was also extremely tight, with sources claiming that no spot tons were available in the region “at any price.”
Sri Lanka: The Agriculture Ministry closed a tender for 23,000 mt of MOP on Feb. 16. Unlike its urea counterpart, few companies participated.
The tally follows:
|
Offering Company |
Quantity (mt) |
US$/mt FOB |
US$/mt CFR |
Origin |
||
|
Sight | ||||||